Hurricane Region-Porsche Club Of America
- Assets
- $33.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Wake Forest, NC
- Founding
- 08/2007
- Data as of
- 12/2022
- EIN
- 56-1926153
Organization Overview
Hurricane Region-Porsche Club Of America is located in Wake Forest, NC. The organization was established in 2007. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hurricane Region-Porsche Club Of America is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2022, Hurricane Region-Porsche Club Of America generated $35.6k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 9.5% each year. All expenses for the organization totaled $43.1k during the year ending 12/2022. While expenses have increased by 10.8% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
PROVIDED VARIOUS CLUB ACTIVITIES FOR MEMBERS CONSISTENT WITH EXEMPT PURPOSE AND TO RAISE MONEY FOR CHARITIES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sherri Qualls President | 15 | $0 | |
Bill Hill Treasurer | 3 | $0 | |
Shawn Gillen Vice President | 3 | $0 | |
Ralph Moore Secretary | 3 | $0 | |
Doug Behning Past President | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $450 |
| Total Program Service Revenue | $12,633 |
| Membership dues | $19,898 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $1,224 |
| Other Revenue | $2,400 |
| Total Revenue | $35,595 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,085 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $1,612 |
| Other expenses | $27,163 |
| Total expenses | $43,055 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $31,496 |
| Other assets | $0 |
| Total assets | $33,196 |
| Total liabilities | $0 |
| Net assets or fund balances | $33,196 |